Bhagat Automotive Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 10.81 Cr
- Company Age 11 Year, 6 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 69.10 Cr
- Revenue Growth -58.40%
- Profit Growth -1131.09%
- Ebitda -97.23%
- Net Worth -240.21%
- Total Assets -56.92%
About Bhagat Automotive
Bhagat Automotive Private Limited (BAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2013 and has a history of 11 years and six months. Its registered office is in Patiala, Punjab, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 10.81 Cr.
The company currently has active open charges totaling ₹69.10 Cr.
Bhupinder Kaur, Raj Singh, Ankush Marwaha, and One other member serve as directors at the Company.
Company Details
- Location
Patiala, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50300PB2013PTC037840
- Company No.
037840
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Aug 2013
- Date of AGM
30 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Automotive
What products or services does Bhagat Automotive Private Limited offer?
Bhagat Automotive Private Limited offers a wide range of products and services, including Motorcycles and Cars, Cars.
Who are the key members and board of directors at Bhagat Automotive?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raj Singh  | Managing Director | 16-Aug-2013 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhupinder Kaur | Director | 16-Aug-2013 | Current |
| Ankush Marwaha | Director | 27-Mar-2019 | Current |
| Chander Sheikhar | Director | 27-Mar-2019 | Current |
Financial Performance of Bhagat Automotive.
Bhagat Automotive Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 58.4% decrease. The company also saw a substantial fall in profitability, with a 1131.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 240.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bhagat Automotive?
In 2021, Bhagat Automotive had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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A.B.Motors Private LimitedBhupinder Kaur and Raj Singh are mutual person
A. B. Carz Private LimitedBhupinder Kaur and Raj Singh are mutual person
- Bhagat Cars Private Limited
Bhupinder Kaur and Raj Singh are mutual person
- Ijm Supervalue Retails Private Limited
Ankush Marwaha and Chander Sheikhar are mutual person
- Ijm Panjab Motors Private Limited
Ankush Marwaha and Chander Sheikhar are mutual person
Charges (Loans)
Open Charges
₹69.10 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 56.10 Cr
- Kotak Mahindra Prime Limited : 9.00 Cr
- Kotak Mahindra Bank Limited : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2018 | Others | ₹15.00 Cr | Open |
| 30 Sep 2015 | Kotak Mahindra Bank Limited | ₹4.00 Cr | Open |
| 25 Apr 2014 | Kotak Mahindra Prime Limited | ₹9.00 Cr | Open |
| 02 Apr 2014 | Others | ₹41.10 Cr | Open |
How Many Employees Work at Bhagat Automotive?
Bhagat Automotive has a workforce of 3 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bhagat Automotive, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bhagat Automotive's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Bhagat Automotive
Recent activity within the organization
- Annual General Meeting
Bhagat Automotive Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
- Balance Sheet
Bhagat Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.
- Director Appointment
Ankush Marwaha was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 5 years 11 months .
- Director Appointment
Chander Sheikhar was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 5 years 11 months .
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100210727 was registered on 31 Jul 2018.
- Charges
A charge with Others of Rs. 41.10 Cr registered on 02 Apr 2014 with Charge ID 10493392 was modified on 14 Apr 2016.
Frequently asked questions
What is the Incorporation or founding date of Bhagat Automotive Private Limited?
Bhagat Automotive Private Limited was incorporated on 16 Aug 2013.
What is authorized share capital and paid-up capital of Bhagat Automotive Private Limited?
The authorized share capital of Bhagat Automotive Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.81 Cr.
Who are the current board members & directors of Bhagat Automotive Private Limited?
Currently 4 directors are associated with Bhagat Automotive Private Limited.
- Bhupinder Kaur
- Raj Naresh Singh
- Ankush Marwaha
- Chander Sheikhar
What is the registered address of Bhagat Automotive Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bhagat Automotive Private Limited is 1, Dr Jagdish Singh Marg India, Patiala, Punjab, 147001.
What is the corporate identification number (CIN) and company number of Bhagat Automotive Private Limited?
The corporate identification number (CIN) of Bhagat Automotive Private Limited is U50300PB2013PTC037840 and the company number is 037840 as per Ministry of Corporate Affairs (MCA).
What is the official website of Bhagat Automotive Private Limited?
The Official website of Bhagat Automotive Private Limited is https://www.bhagatgroup.com
What has been the recent revenue trend for Bhagat Automotive Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Bhagat Automotive Private Limited has fallen by -58.40%.
How many employees does Bhagat Automotive Private Limited currently have?
As Per 2021 financial reports, 3 employees are currently employed by Bhagat Automotive Private Limited.
What change has been observed in the net worth of Bhagat Automotive Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Bhagat Automotive Private Limited has experienced an downturn of -240.21%.
What are the total open charges for Bhagat Automotive Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Bhagat Automotive Private Limited amount to ₹ 69.10 Cr.
When was the last Balance Sheet of Bhagat Automotive Private Limited filed with the ROC?
The most recent Balance Sheet for Bhagat Automotive Private Limited was filed with the ROC on 31 Mar 2021.
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